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EU innovation funder launches new commercialisation scheme

Scheme to provide entrepreneurial skills training to researchers and support early-stage startups

The EU’s flagship innovation funder has launched a new scheme to help researchers and early-stage startups commercialise research.

The European Innovation Council announced on 21 February that its Tech to Market programme will provide innovators with training, advice and business creation support to give them the “necessary expertise for the market exploitation of research results”.

It will be open to individuals and organisations the EIC already funds under two of its two main instruments: Pathfinder, which funds the development of breakthrough technologies, and Transition, which supports the development of business cases to bring new technologies to market.

The Tech to Market programme has one strand focused on technology entrepreneurship and another on helping create research-based startups. The EIC is holding an information session on the scheme on 15 March.